What is James Coulter's Net Worth?

James Coulter is an American investment manager with a net worth of $2.1 billion. He is one of the founders of TPG Capital, a private equity giant formerly known as Texas Pacific Group. Born in 1959, Coulter graduated summa cum laude from Dartmouth College and later earned his MBA from Stanford University.

Early Career

Coulter began his career at Lehman Brothers Kuhn Loeb before joining the Robert M. Bass Group. It was here that he met David Bonderman, his future partner. In 1992, they co-founded Texas Pacific Group in San Francisco and Fort Worth, which was later renamed TPG Capital.

TPG Capital

Today, TPG Capital is one of the world's major private equity firms, managing over $50 billion in assets. Coulter heads the San Francisco office, while Bonderman runs the Dallas headquarters. One of their most notable achievements was investing $66 million to acquire Continental Airlines, yielding a profit of over $640 million.

Investment Portfolio

Coulter has invested in several profitable companies, including:

  • Oxford Health Plans
  • Burger King
  • Ducati Motor Holding
  • Petco
  • America West Airlines
  • Del Monte Foods
  • Seagate Technology
  • Gempus International
  • ON Semiconductor
  • J. Crew

TPG's recent significant transaction was the sale of Neiman Marcus for $6 billion, acquired in 2005 for $5.1 billion.

Philanthropy

Coulter is also a notable philanthropist. He supports New Orleans Entrepreneurship Week, aimed at boosting business development in New Orleans, the hometown of his wife, Penny Saer.

To learn more about his partner, check out David Bonderman and Robert Bass.